is a good idea, u sell i plan to accumulate

1.7 is a good price, i think u bought somewhere in Feb 09 - Dec 09 price pretty low bak than...

have a bit of faith in plantation, maybe you can avg down accumulate more even? (my thoughts)

I am planning to accumulate until Dec 09 and sell in Jan 2010 before CNY.

Liquidated 50% of Axreit to raise funds.

******************

Btw if you already have your own plan stick to it, is a good discipline.

Loh & Loh? i heard they specialise in water construction or something like that.

i've followed WCT since it was rm2, missed the boat then n kept watching it go up week after week.
followed Fajar since 0.90, now 1.20.

been hoping to buy at corrections, but its been nearly 3 weeks still no major fallback.

my next target's a construction stock. now looking into buying opportunities, maybe HSL/others if their FA looks good.

What is the logic behind this approach of "buy on rumor, sell on news"? 

Erm....some people think that a large proportion of Mr. Najib's RM67billion stimulus package (over the next two years) is likely to end up in the pockets of the construction companies - particularly those involved in infra-structure works.

Everyone is entitled to his own opinion so thank you for sharing yours with us

Yes , it is.

The money dumped into infra structure.

Some big infra projects coming  from NS to Johor may involve cheap funding from China also.

Still in planning stage.

I targeted a finance stock, but the boat has left without me.
My portfolio has 1 utility, 1 O&G, and 4 Consumers.
My next target is that damn finance stock. It's not dipping at all.
I don't buy Plantation and Construction. Reason being their earnings are cyclical. However, I may change my mind later on.

Commerz has a forklift to support it up.

Our BNM Governor is one of the best in the whole world, must be the supports from Arabs .

My problem with Plantation/CPO stocks is:

1. Seasonality - price varies Jan-Jun/Jul-Dec
2. ROSPO certification - this will be a huge issue among consumers
3. Competition from Indonesia (world's biggest producer)
4. Growing lobby in user countries against "unsustainable" CPO
5. Price volatility
6. Unwarranted link with CO price
7. No real future for bio-fuels
8. EU/US anti-CPO legislation

Err.....that's it.........

CPO price.
The other problem with plantation counters is that they do DUMB things - like KLK doing property and owning Crabtree and Evelyn.....

It has been published many times (Economist, Far East Economic Review, Asian Wall Street Journal etc.) that she is extremely highly regarded by her peers.

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Added on August 4, 2009, 11:56 pm
Erm...how about "resting" the land and doing SUSTAINABLE PRODUCTION???
That's what the green lobby against CPO is all about....

Doh!

Can't Google it?
Here you go:

#
Roundtable on Sustainable Palm Oil (RSPO)
Key documents · Development of P&Cs · Review of RSPO Principles and Criteria for Sustainable Palm Oil Production · Revised RSPO Principles & Criteria ...
www.rspo.org/ - Cached - Similar
#
RI CPO exporters seek to comply with EU certification rules | The ...
18 Feb 2009 ... Indonesia's crude palm oil (CPO) exporters are preparing ... countries will have Sustainable CPO Certification to ensure that the production ...
www.thejakartapost.com/.../ri-cpo-exporters-seek-comply-with-eu-certification-rules.html - Cached - Similar
#
CPO Shipments to Europe Make Sustainability Gains - The Jakarta Globe
26 Jun 2009 ... The 27-nation bloc imports about 5.3 million tons of CPO from ... set firm deadlines for achieving 100 percent sustainable CPO production. ...
thejakartaglobe.com/business/cpo-shipments-to.../314632 - Cached - Similar
# [PDF]
SUSTAINABLE PRODUCTION OF BIOFUEL CROPS
File Format: PDF/Adobe Acrobat - View
production sustainable, nutrients and the organic substances needed by ... Biodiesel can be made almost from every fraction of Oil Palm,such as CPO, the ...
www.senternovem.nl/.../08a.%20Sustainable%20production%20of%20biofuel%20crops... - Similar
#
Friends of the Earth: Archived press release: Asda joins ...
The RSPO was formerly established on 8th April 2004 and on 23rd November 2005 adopted the "Principles and Criteria for sustainable Palm Oil Production". ...
www.foe.co.uk/.../asda_joins_roundtable_on_p_16122005.html - Cached - Similar
#
International Journal of Hydrogen Energy : Pathways to a more ...
From refining of crude oil to the more sustainable production of energy. ... own proprietary catalytic partial oxidation (CPO) technology to facilitate a ...
linkinghub.elsevier.com/retrieve/pii/S0360319902000927 - Similar
by JW Gosselink - 2002 - Cited by 32 - Related articles - All 4 versions
#
Wilmar's PPB Oil Palms Bhd awarded sustainable CPO production ...
Business, Investment, Singapore, Asia, China News.
www.theedgesingapore.com/component/content/.../1746.html - Cached - Similar
#
Crude Palm Oil - What does CPO stand for? Acronyms and ...
What does CPO stand for? Definition of Crude Palm Oil in the list of ... areas that used to be rainforest; our biodiesel comes from sustainable production. ...
acronyms.thefreedictionary.com/Crude+Palm+Oil - Cached - Similar
#
MPOB lowers CPO production estimate
29 Aug 2007 ... On the positive side, local CPO output this year could also reach ... Sabri said MPOB was committed to the sustainable production of palm ...
biz.thestar.com.my/news/story.asp?file=/2007/8/29/... - Cached - Similar
#
Nature Alert: RI CPO exporters seek to comply with EU ...
Indonesia's crude palm oil (CPO) exporters are preparing themselves to have ... have Sustainable CPO Certification to ensure that the production process of ...
naturealert.blogspot.com/.../ri-cpo-exporters-seek-to-comply-with-eu.html - Cached - Similar

"Anyway for company standpoint, making profit for shareholders is the main priority...."

That is true of course; but don't underestimate the power of the consumer lobby among certain consumer countries. As long as India and China couldn't give a toss - and their consumption continues to increase - then plantation stocks should be fine.

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Added on August 5, 2009, 12:45 am
Palm oil plantation needs about 7 years before we can get the harvest, so what are they going to do with the 7 years of no income?

One guy found an answer to that problem.
Check out: www.chgs.com.my

You don't own the land - they do. Until it's sold at the end of the scheme.
Very clever idea and I'm sure a lot of people have been suckered into it - but not me.

Aparently it's been very successful and thousands have signed up for it. There is even a CHGS forum on LYN somewhere where people are trying to sell their 'shares' IIRC. You should go and have a look and see what these "investors" say - if you want a laugh!

Najib is distributing free sheep,  why the need to steal chicken ?

thread feels n looks pretty dead today.
i've got deadweights in my portfolio. not going up or down.